The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1887-04-23

condition of the iron ore market, with
the exception that there has been less
business transacted and fewer inquiries
but in the face Of these factsno unhealthy
symptoms are apparent, and sellers are
firm in their idias OF prices with no APP
parcnt disposition 10 make concessions
i'm order TO effect sales. Shipments to
furnaces show considerable increase
over last week, however, which ~ ex-
planned by the fact that the settlement oi
the late strike on the n. Y, i. x o. rail-
road has enabled that corporation To
resume it's carrying trade. The ore now
on docks will be nearly all cleaned up
between now and the opening OF naviga-
ton, which is expected to be about May
90, and new ore will be somewhat later
than last season in reaching port; and
ms the largest amount OF ore which ever
reached here is expected during the coming
season, lake vessels will have their hands
full. and plethoric wallets will swell the
pockets OF lucky vessel owners Mt the
existing rates The American Iron x Steel
Association is directing its attention TO
the heavy importations Of iron ore which
are admitted because OF differentiation,
and the association claims that these
continued heavy importations oil iron,
steel and iron ore would not exist II they
were honestly invoiced. IL has already
resulted i'm n decreased demand for the
home product, and is subject which
should, and probably will, be called to the
attention OF Secretary Fairchild ina way
that will result in thorough investigation
and expurgation. We quote:
/ No / specuar and magnetic Besse
mer ores per ton. OO@T 20
No. / specuiar mon Bessemerl ores
per 75@e oC
! Non Besscmcr Hematites............. oO@b 20
/ Cleveland Iron Trade Review.
"You will not find better ore than that
on the Marquette or Gogebic Ranges
said Superintendent Swain to "A DIAMoNr
DRILL representative, as he broke q
beautiful piece OF blue ore on the stocl
pile, at the Blaney mine, ON section II
1892 one day this week. II has beer
deemed advisable not To lower the mair
shaft beyond its present depth-120 fee
at present, but drifting and cross-cut
ting will be carried on vigorously. Drift
are now being driven along each wal
with cross-cuts at intervals. The maii
shaft is located ON the east end OF tn
property, but just as soon as the tru
course Of the vein is determined to
certainty, working shaft will be com
menced mt n point about 300 feet To TN
west and drifts driven east TO connec
with those from the present workings
A trestle has been constructed an
two tram cars will soon be placed thereof
when the ore will be carefully sorted an
placed i'm stock pile. Every analysis Z
this ore seems TO improve; IL become
higher in metallic iron and lowerin phoi
phorous as the work ofdevelopment goe
, on. The property is being cleared {
timber and rubbish and with the me-
buildings presents a taking appearance
There is not much doubt now OF thi
property getting a spur track this year.
The Lincoln Mining Co., recently OF
ganized, began work onsection -, 43-3;
on Monday. The Indications are sal
to be very promising and the compan
will unearth the oreif il is ON the sectioi
The officers of this company are: Josep
Bach, president; II. J. Fitzgerald, seer
tary and treasurer; j. III. Abel, Josep
Bach, III. j. Fitzgerald, John McDonal
and George Roupp, directors. Mcssr
p Bach, Abel and Fitzgerald are OF Milwa'
'c kee. John Mcdonald Of Iron River an
George Roupp Of Iron Mountain.
y Explorations east OF the Kimball a
looking well. Frank Scadden has take
: an option from Raher 4 James, wi
have several pits down just over Il
Kimball line. Mr. Scadden will carry 9
= exploratory work and give Raher
James $4,000 II he finds the ore. III
= prospects are the most flattcring
Preparations are being to iurth
- develope the Quincy property, situate
west and near the Youngstown min
The present working consists oi ol
= shaft which is sixty-iive feet deep M
shows up considerable ore body. Th
? HMM Il NT g n